The Two-Way
9:41 am
Fri December 7, 2012

Unemployment Rate Drops To 7.7 Percent, As Economy Adds 146,000 Jobs

Originally published on Fri December 7, 2012 11:44 am

The unemployment rate dropped to 7.7 percent in November, the Bureau of Labor Statistics says. That's a four-year low.

The economy added 146,000 jobs, beating expectations. Surprisingly the BLS said that Hurricane Sandy "did not substantively impact the national employment and unemployment estimates for November."

The BLS adds that employment increased "in retail trade, professional and business services, and health care."

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Politics
7:45 am
Fri December 7, 2012

Tea Party May Be Losing Steam, But Issues Still Boil

Originally published on Fri December 7, 2012 9:56 am

The battle over how to avoid the looming cuts and tax increases known as the fiscal cliff is a frustrating one for the Tea Party. The movement is still a force within the GOP, even as its popularity has fallen over the past two years.

But in the current debate, there have been no big rallies in Washington, and Tea Party members in Congress seem resigned to the fact that any eventual deal will be one they won't like — and one they'll have little influence over.

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Education
7:00 am
Fri December 7, 2012

Camp to Teach High School Kids How to Turn Ideas Into Businesses

A new state program will advise young entrepreneurs on how they can turn a bright idea into a business plan. In June, 50 high school students will learn more about innovation and creative thinking at Georgetown College.

Liz Knapp, of the Kentucky Science and Technology Corporation, said she believes some of the ideas will later morph into profit-making products.

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Local News
6:00 am
Fri December 7, 2012

Conway OK with Possible Changes to Pill Mill Legislation

Attorney General Jack Conway
Credit Kentucky Attorney General's Office

Though he pushed for its approval, Kentucky’s attorney general doesn't oppose changes to a law the General Assembly passed last year to curb prescription drug abuse and place restrictions on pain clinics.

Jack Conway said some of the complaints physicians have made about the bill have merit.

Conway said nobody wants to prevent Kentuckians who have legitimate needs for pain medications from obtaining prescriptions.

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Politics
11:16 pm
Thu December 6, 2012

BuzzFeed: Mitch McConnell Should Fear Jim DeMint

Sens. Jim DeMint and Mitch McConnell
Credit U.S. Senate

The resignation of Sen. Jim DeMint, R-Sc., could spell bad news for his soon-to-be former GOP colleagues—namely Minority Leader Mitch McConnell, R-Ky.,—who face re-election in 2014.

In a statement, McConnell praised DeMint's "uncompromising service," however, as BuzzFeed's John Stanton points out, DeMint has been pushing for Republicans to be more conservative for years. And as president of the Heritage Foundation, he will have an ideal seat to wage an ideological war on incumbents such as McConnell.

From BuzzFeed:

There’s no love lost between DeMint and the top Republican in the Senate. The two have repeatedly clashed over policy positions McConnell has sought to push, as well as the broader direction of the conference and Republican Party.

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Local News
5:59 pm
Thu December 6, 2012

Kentucky's Blue Ribbon Tax Commission Recommends $690 Million in New Tax Revenues

Kentucky’s Blue Ribbon Tax Commission has made its recommendations to reform the state’s tax code, which officials say would boost revenues by nearly $690 million.

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Local News
5:00 pm
Thu December 6, 2012

Report: Matthew Barzun to Co-Chair Obama's Inaugural Committee

Matthew Barzun
Credit U.S. State Department

Kentuckian Matthew Barzun has enjoyed a star-studded week.

On Tuesday, Bloomberg reported that Barzun and American Vogue Editor Anna Wintour were under consideration to be the next U.S. ambassador to Great Britain.

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Local News
4:21 pm
Thu December 6, 2012

Mayor Greg Fischer Appoints New Heads for MetroSafe, Public Works

Mayor Greg Fischer has appointed new directors for Louisville Metro Public Works and the county Emergency Management Agency/MetroSafe, and also named a longtime city employee to the new role of chief of public services.

Vanessa Burns will lead Public Works & Assets. She is currently a staff member for the appropriations committee in the Connecticut General Assembly, and has directed public works for the District of Columbia, Evanston, Ill., and New Haven, Ct., the city said.

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Politics
3:55 pm
Thu December 6, 2012

Lugar to Announce Post-Senate Plans Friday

U.S. Sen. Richard Lugar is preparing to announce his plans for the future after spending 36 years in the Senate.

The Indiana Republican will reveal his plans during a news conference Friday afternoon at the University of Indianapolis.

The university might be part of those plans. School President Robert Manual will join Lugar at the news conference.

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Politics
2:43 pm
Thu December 6, 2012

Hemp Commission Will Work on Proposal, Economic Impact Study

Kentucky Agriculture Commissioner James Comer
Credit File photo

The second meeting of the state’s Industrial Hemp Commission will soon begin sorting through the details of its efforts to bring legalized hemp to Kentucky.

The commission will work on the details of a new legislative bill proposal, such what the bill will include and which legisators will sponsor it during the 2013 session, said the chairman, Kentucky Agriculture Commissioner James Comer.

Comer says another detail will be to pick a state university to commission a new economic study of legalizing industrial hemp in Kentucky.

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